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  • Sakthi Sugars Ltd BSE:507315 NSE:SAKHTISUG

    Sakthi Sugars Ltd is engaged in Sugar business. Company is listed on both NSE and BSE. NSE symbol for Sakthi Sugars Ltd is 'SAKHTISUG' and BSE code for Sakthi Sugars Ltd is '507315'.

    Sakthi Sugars Ltd Stock Quotes and Charts

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      Industry*   Sugar

                 
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    2.  hitendra      6/30/2010 5:09:38 AM IST Price @BSE - Rs 56.4 when posted
    Buy@ Rs 56.4 For target of Rs 86 In More then 1 Year.

    Sakthi Sugars Ltd. – Buy
    CMP – Rs 55
    Target – Rs 86
    Industry – Sugar

    Sakthi Sugars is one of the largest producers of Sugar in India. The company has four divisions namely; Sugar, Co-generation, Distillery & Auto component. The company is expecting huge revenues in next two years from auto component. Company has entered into a Master Restructuring Agreement with the Lenders in respect of restructuring of its debts under the Corporate Debt Restructuring Scheme announced by Reserve Bank of India. The decontrol or de-regularisation of the sugar industry is a long-pending demand of the sugar industry and it is definitely going to help because the cyclicality will be reduced.
    As the policy of the State Government of Tamilnadu allows sale of power generated by using coal as well as the power generated using bagasse beyond a certain level to third parties, revenue from this Division is expected to be higher. Hence we recommend a BUY call for Sakthi Sugars from 12-18 months perspective. 

    1.  punit      1/25/2010 6:51:36 AM IST Price @BSE - Rs 85.15 when posted
    Is shakti sugar ok at cmp for MT? 

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